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Interparfums FY 2022: record earnings as operating profit soars 33 percent

THE WHAT? Interparfums has reported its results for the 2022 fiscal year. The fragrance giant recorded record earnings for the full year with net income up 40 percent on 2021’s figures and sales rising 26 percent to €706.6 million. THE DETAILS The company noted that it had extended its partnership with Montblanc until December 31, 2030 and, subject to the General Meeting’s ratification, hit its goal of achieving gender parity on its board. THE WHY? Philippe Benacin, Chairman and CEO, commented, “Against the backdrop of a turbulent economic and geopolitical environment, our sales and earnings continued to grow in 2022. In 2023, although many uncertainties still exist, this positive momentum should continue with sales expected to reach €750 million, driven by the continuing appeal of our brands for consumers in a global perfume market that remains buoyant.” The post Interparfums FY 2022: record earnings as operating profit soars 33 percent appeared first on Global Cosme
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My Life Is Nothing Like My Jichan's, But Our Tortilla Eggs Are the Same

My Life Is Nothing Like My Jichan's, But Our Tortilla Eggs Are the Same

Good food is worth a thousand words—sometimes more. In My Family Recipe, a writer shares the story of a single dish that's meaningful to them and their loved ones.

In American popular culture, weekend mornings often consist of stacks of impossibly fluffy pancakes, crispy hash browns, and platters of wavy bacon. But when my siblings and I were growing up in suburban Orange County, Calif., on any given Sunday, you’d be more likely to find us ripping up tortillas over a skillet of hot oil—under the watchful eye of my father, who was on standby with a bowl of scrambled eggs, ready to douse the jagged little triangles at exactly the right moment.

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